House likely to modify Fannie, Freddie rescue
CNNMoney - Special Report Mortgage Meltdown, Last Updated: July 18, 2008: 5:34 PM EDT Congress is expected to vote next week on an amended housing rescue bill that includes Treasury’s proposals to offer financial backstop to Fannie and Freddie. Jeanne Sahadi, CNNMoney.com senior writer NEW YORK (CNNMoney.com) — The House is likely next week to take up a Bush administration proposal to empower the Treasury to back up embattled mortgage giants Fannie Mae and Freddie Mac. Lawmakers will probabl
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